Castlemere Developments

The first two airspace modular projects have already been completed with Hamilton Court in Tunbridge Wells and Howard Court in Peckham Rye; delivering eleven units and three units, respectively. Using technology and modern construction methods, we create untapped value in existing residential and mixed-use buildings in high-density locations. We do this by utilising their unused rooftops.

Working in collaboration with leading modular construction companies, we factory build high specification low-cost con- temporary penthouse apartments off-site. Once complete, these apartments are transported to the site, before being craned into position.

The entire cycle from design, construction to delivery and completion of the development is six months—compared to the typical 15-18 months of a standard new build development.The significantly shorter timeframe and certainty of build costs ensure we reduce our exposure to market-driven forces while minimising risk.

Consequently, this enables us to increase returns for our stakeholders. Castlemere Developments also offers a unique proposition—delivering well-designed, contemporary new-build penthouse living environments to the market without the attached premium. As a comparison, our homes are delivered up to 30% cheaper and are priced similarly to older market stock.

Experts estimate rooftop builds or “airspace development” could support 630,000 homes on the roofs of London’s municipal buildings. London Evening Standard

Investment Overview

• The management team have a long and extensive track record in land acquisition, construction and development.
• 20 million pounds of development in the last 18 months.
• £250,000 raise via the subscription of 50 bonds at £5,000 per bond.
• Minimum investment of £15,000 (3 bonds), multiples of £5,000 thereafter.
• The project has full planning permission approval and is ready to commence.
• 12% fixed interest for one year.
• 14% fixed interest for two years.
• Interest paid monthly.
• Repayments secured against the new build.
• Appointed trustees to monitor the investment on behalf of the bondholders.
• Above average industry profit margins providing greater levels of protection for investors.
• Contracts with modular construction suppliers are underpinned by bank guarantees.

Security

All monies raised will secured by way of debenture, which will be monitored by independent trustees appointed to act on behalf of investors. The company will then provide a loan secured over the property, providing investors with an extra layer of security.

Trustee

UCAT services have been appointed as bond trustees. As trustees, they have prepared all the security documentation and will monitor the investment on behalf of bondholders.

Project Overview: Faster. Safer. Environmentally Friendly. Morally Responsible

• Off-site factory construction allows for much faster construction: around four months, including detailed design.
• Provides a higher quality product: modules are assembled in strict factory-controlled conditions.
• Reduces waste by approximately 50% compared to traditional methods: this efficiency stems from the controlled factory environment where modules are manufactured.
• Energy efficiency represents a significant sustainability feature in modular construction: highly efficient insulation materials enhance the energy performance, each equipped with heat pumps and devoid of fossil fuel-burning appliances.
• Significantly reduces pollution: unlike traditional methods, the factory-based process for constructing modular buildings generates less waste and pollution. In a controlled factory environment, waste products can be tracked and disposed of responsibly. Moreover, the lighter weight of modular construction materials helps lower emissions during delivery and transport.
• Offers safer working conditions compared to traditional on-site building methods: workers in modular fabrication facilities face fewer risks than on conventional construction sites. Modular construction occurs in quality-controlled factory environments, where specialised machinery is used to manufacture buildings off-site.
• Minimises disruption to the surrounding community: these projects typically require less space for workers, traffic and material storage. Additionally, the on-site construction phase is shorter, resulting in reduced noise and air pollution for neighbouring communities.
• Castlemere Developments strives to achieve A-rated EPC certificates—the highest rating awarded.
• As London grows more expensive, and with plots themselves in short supply, it is no wonder that even the most unlikely sites are viewed as having lucrative development potential.